Databricks valuation 2026: how much is Databricks worth?
Databricks is worth $190B as of September 2026 — its current valuation on the NPM Price (Nasdaq Private Market), 6% below its last round (Series L-2, $202B). That is Databricks's latest private-market valuation; it has no public stock price.
Per-share → stock price · over time → valuation history.
When will Databricks IPO?
Databricks has not IPO'd and is not publicly traded — it's private, with no ticker. Prediction markets put even-odds of a confirmed IPO in early September 2027.
Prediction-market odds, not Databricks guidance.
Current value → valuation · convert to per-share → stock price.
What is Databricks's stock price?
Databricks is private, so it has no public stock price. Its secondary share price is $269/share (pre-IPO, as of 21 Sep 2026), and $253/share at the $190B NPM valuation mark (as of 21 Sep 2026).
Divides each valuation by ~0.75B estimated diluted shares (Databricks is private; the exact count isn't disclosed). An IPO issues new shares, diluting existing holdings. An estimate, not advice or an appraisal.
Valuation over time → valuation history.
Databricks valuation history: how has it changed?
Databricks's valuation has gone from $101B (Sep 2025) to $190B (Sep 2026) — 1.9× +88% in 12 months. The sharpest step came at the Series L-2 round in Aug 2026.
| Date | NPM valuation |
|---|---|
| Sep 2025 | $101B |
| Dec 2025 | $126B |
| Mar 2026 | $142B |
| Jun 2026 | $149B |
| Sep 2026 | $190B |
Current value → valuation · per-share → stock price.
Who owns Databricks?
Databricks is privately owned by its founders and employees plus its investors — led by Alkeon Capital, which led its Series L-2 round — and by 14 regulated mutual funds that independently mark its shares at $190 in SEC filings. Its funding is entirely private capital: $25.6B across 14 funding rounds, and it is not publicly traded.
Round lead Alkeon Capital
Fund holders T. Rowe Price · Fidelity · Alger Institutional Funds · BlackRock · Neuberger Berman Alternative Funds
Why $190, below the ~$269 secondary price? Funds carry earlier-series preferred near its issue price, not the current common stock that trades on secondaries — a more conservative, independent mark.
Show the underlying fund filings (14 funds · 67 marks)
| Fund (filer) | Series held | Period | Per share |
|---|---|---|---|
| T. Rowe Price Global Technology Fund, Inc. | G / H | 2026-12-31 | $190 |
| T. Rowe Price International Funds, Inc. | F / G / H | 2026-10-31 | $190 |
| Alger Institutional Funds | — | 2026-10-31 | $190 |
| Fidelity Select Portfolios | G / H | 2027-02-28 | $190 |
| T. Rowe Price Communications & Technology Fund, Inc. | G / H | 2026-12-31 | $190 |
| Blackrock Science & Technology Trust (bst) | — | 2026-12-31 | $190 |
| Fidelity Advisor Series I | G / H | 2026-11-30 | $190 |
| T. Rowe Price Equity Funds, Inc. | G / H | 2026-12-31 | $190 |
| Neuberger Berman Alternative Funds | B / C / D / E / F / G / H | 2026-10-31 | $190 |
| Lincoln Variable Insurance Products Trust | G / H | 2026-12-31 | $190 |
| Bny Mellon Advantage Funds, Inc. | — | 2026-08-31 | $190 |
| T. Rowe Price Equity Series, Inc. | G / H | 2025-12-31 | $190 |
| Neuberger Berman Equity Funds | B / C / D / E / F / G / H | 2026-08-31 | $190 |
| Variable Insurance Products Fund III | G | 2025-12-31 | $190 |
| Earlier-series G / H preferred carried higher, ~$216 | |||
Mark vs live valuation → valuation · per-share → stock price.
Latest on Databricks
What recently moved the valuation and IPO odds, plus headlines — newest first.
- 21 Sep 2026 Databricks's valuation marked at $190B. -1% over ~30 days · NPM Price (Nasdaq Private Market) NPM
- 13 Aug 2026 Series L-2 closes — $5.0B raised, led by Alkeon Capital. post-money $202B Yahoo Finance / Forge
- 21 Sep 2026
- 18 Sep 2026 Ahead of an IPO, the Math Behind Databricks’ USD 190 Billion Valuation Doesn’t Add Up global.morningstar.com
- 8 Sep 2026
- 31 Aug 2026
- 21 Aug 2026
Common questions about Databricks stock
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Sources & method
Every figure is sourced below, each with its own timestamp. See the methodology for how each is computed.
An estimate, not an appraisal or investment advice. Databricks is private; its shares are unregistered and secondary transfers may be restricted. Figures aggregate public filings and licensed third-party data, attributed above. Moonberg doesn't broker, sell, or hold any security.